Being listed isn’t always a gas

A listed company, for example on the Johannesburg Stock Exchange (JSE), allows its shares to be traded publicly on the exchange. This enables anyone to put in a bid for the shares which could match with an offer from an existing shareholder and… …BINGO magic happens. Shares have been traded, there’s a new shareholder on the shareholder register and the …

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Being listed isn’t always a gas

A listed company, for example on the Johannesburg Stock Exchange (JSE), allows its shares to be traded publicly on the exchange. This enables anyone to put in a bid for the shares which could match with an offer from an existing shareholder and… …BINGO magic happens. Shares have been traded, there’s a new shareholder on the shareholder register and the …

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Cartrack ticks the investment boxes

With The Finance Ghost, my goal is to focus on the fundamental principles of investing rather than the concepts used by traders in looking for market patterns and signals. The art of fundamental investing requires you to consider company variables including: Core company strategy Growth prospects across existing and potential future markets Revenue and customer volume growth Key margins (gross …

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Cartrack ticks the investment boxes

With The Finance Ghost, my goal is to focus on the fundamental principles of investing rather than the concepts used by traders in looking for market patterns and signals. The art of fundamental investing requires you to consider company variables including: Core company strategy Growth prospects across existing and potential future markets Revenue and customer volume growth Key margins (gross …

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Adcorp – “no holy cows” approach is working

Adcorp has shed 90% of its market value in the past 5 years. The recruitment and training company suffered an ailment that has plagued many industry consolidators: an incoherent strategy combined with an unsustainable balance sheet. There was a time on the JSE when people believed that if you buy five companies on a P/E (Price / Earnings ratio) of …

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Adcorp – “no holy cows” approach is working

Adcorp has shed 90% of its market value in the past 5 years. The recruitment and training company suffered an ailment that has plagued many industry consolidators: an incoherent strategy combined with an unsustainable balance sheet. There was a time on the JSE when people believed that if you buy five companies on a P/E (Price / Earnings ratio) of …

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Can Mboweni save South Africa?

Literally minutes after I first posted this article, the headline broke that Finance Minister Tito Mboweni has asked for a postponement of the medium-term budget speech. He’s asked for a week’s delay but it’s still a really bad sign. We now wait and see whether the speech will be on October 21st as originally planned, or kicked out to October …

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Can Mboweni save South Africa?

Literally minutes after I first posted this article, the headline broke that Finance Minister Tito Mboweni has asked for a postponement of the medium-term budget speech. He’s asked for a week’s delay but it’s still a really bad sign. We now wait and see whether the speech will be on October 21st as originally planned, or kicked out to October …

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Oh yes, I’m the Great Pretender

Ever felt like you got to where you are today because you’re lucky? Humility may be a beautiful character trait, but be careful that it isn’t impostor syndrome rearing its ugly head, especially if you are a high achiever. Queen’s hit song “The Great Pretender” reminds us of some of the challenges of impostor syndrome. As Freddie sang…“Too real is …

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Oh yes, I’m the Great Pretender

Ever felt like you got to where you are today because you’re lucky? Humility may be a beautiful character trait, but be careful that it isn’t impostor syndrome rearing its ugly head, especially if you are a high achiever. Queen’s hit song “The Great Pretender” reminds us of some of the challenges of impostor syndrome. As Freddie sang…“Too real is …

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